Technology News (Reuters)
TSMC says still in talks about subsidies for new U.S. plant
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said on Tuesday.
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Chinese telecom firms urge FCC not to revoke ability to operate in U.S.
The U.S. units of China Telecom Corp’s and China Unicom urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to provide international telecommunications services to and from the United States.
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IBM exits facial recognition business, calls for police reform
International Business Machines Corp disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Officer Arvind Krishna said.
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Online used car seller Vroom raises $467.5 million in upsized U.S. IPO
Online used car seller Vroom Inc raised $467.5 million in its U.S. initial public offering, the company said on Monday, as the IPO market picks up momentum after the COVID-19 pandemic placed many debuts on hold.
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TSMC says planned U.S. factory in line with company's interests
Taiwan Semiconductor Manufacturing Co Ltd's planned factory in the United States is "definitely in line with" the company's interests, Chairman Mark Liu told investors on Tuesday.
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Alibaba says cloud unit to recruit 5,000 staff globally this financial year
Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial year, in areas including network, database, servers, chips and artificial intelligence, it said in a statement on Tuesday.
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Online used car seller Vroom raises $467.5 million in U.S. IPO
Online used car seller Vroom Inc said on Monday it raised $467.5 million in its initial public offering as appetite for new stocks rebounds after the COVID-19 pandemic put many debuts on hold.
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China Telecom urges FCC not to revoke ability to operate in U.S
China Telecom Corp’s U.S. unit urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to provide international telecommunications services to and from the United States.
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IBM gets out of facial recognition business
International Business Machines Corp will no longer offer general purpose facial recognition or analysis software, new Chief Executive Officer Arvind Krishna said in a letter to the members of the United States Congress on Monday.
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Google Maps to alert users about COVID-19-related travel restrictions
Google is adding features on its Maps service to alert users about COVID-19-related travel restrictions to help them plan their trips better, the Alphabet Inc unit said on Monday.
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Contact tracing app of UK's NHS almost ready: The Times
The track and trace smartphone app of Britain's National Health Service (NHS), which is meant to help keep the novel coronavirus outbreak under control, will be ready for launch in time for the next lifting of lockdown restrictions at the start of July, The Times newspaper reported.
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CrossFit chief sorry for tweet on Floyd killing after Reebok split
CrossFit founder Greg Glassman has apologized for a tweet that equated the police killing of a black man in the United States to the COVID-19 pandemic, after it drew widespread criticism and resulted in footwear brand Reebok breaking its ties with the fitness regimen.
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Swiss parliament paves way for coronavirus tracing app rollout this month
Switzerland's lower house of parliament gave a preliminary green light on Monday to contact tracing app SwissCovid, which should roll out this month to help contain the coronavirus pandemic.
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Finnish telecom operators share new 5G spectrum
Finnish telecom operators Telia, Elisa and Telenor-owned DNA all won frequencies at the country's auction of new high-speed 5G mobile networks on Monday, the Ministry of Transport and Communications said.
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Denmark wants 5G suppliers from closely allied countries, says defence minister
Denmark wants to be able to exclude 5G technology suppliers from providing critical infrastructure in Denmark if they are not from countries considered security allies, online technology news outlet ITWatch reported on Monday.
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Huawei launches UK advertising blitz ahead of security review
China's Huawei Technologies has launched a British advertising blitz to highlight its role in building the country's broadband and mobile networks ahead of a UK security review that could see further restrictions on its activities.
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Samsung leader appears in court, waits to hear if he'll be jailed again
Samsung Group's leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.
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Nokia's broadband business boosted as COVID-19 pressures networks
Finnish telecom equipment maker Nokia is seeing a pick up in orders as its broadband clients race to upgrade networks to meet higher user demand during the COVID-19 pandemic, a company executive said.
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German public electric car charging network grows by 60%: BDEW
Germany's public network for electric vehicles expanded by 10,000 charging spots, an increase of nearly 60%, in the last year, the country's electricity lobby said on Monday.
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Tesla China sold 11,095 Model 3 vehicles in May, triple April's volume: CPCA
U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association (CPCA).
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